Question

11. From the following data of Mr. Manav, Find out the cost of goods sold and sales per the
year 2019-20.
Stock on goods on 1.4.2019
Purchases
Octroi duty
Stock on 31-3-2020
G.P. 30% on cost.
50,000
1,50,000
30,000
40,000​

Answer 1

Answer:

Cost of goods sold= 190000

sales= 190000/100×130 do it own the calculation